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re: Very big PPP development—FED will buy the loans
Posted on 4/6/20 at 6:34 pm to BigPerm30
Posted on 4/6/20 at 6:34 pm to BigPerm30
quote:
So basically banks are getting to add directly to the bottom line on the backs of another financial crisis.
Well, this one they had no part whatsoever in creating and yet are being asked to provide quick cash so companies can weather the storm. So I really have no problem with it.
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